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Trending ETFs

Name

As of 12/09/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$13.07

$41.9 M

1.16%

$0.15

0.85%

Vitals

YTD Return

-15.2%

1 yr return

-14.0%

3 Yr Avg Return

-2.2%

5 Yr Avg Return

-2.8%

Net Assets

$41.9 M

Holdings in Top 10

33.2%

52 WEEK LOW AND HIGH

$13.2
$12.69
$16.10

Expenses

OPERATING FEES

Expense Ratio 0.85%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 56.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/09/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$13.07

$41.9 M

1.16%

$0.15

0.85%

GLLIX - Profile

Distributions

  • YTD Total Return -15.2%
  • 3 Yr Annualized Total Return -2.2%
  • 5 Yr Annualized Total Return -2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.05%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Great Lakes Large Cap Value Fund
  • Fund Family Name
    Great Lakes Funds
  • Inception Date
    Sep 28, 2012
  • Shares Outstanding
    2773529
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Edward Calkins

Fund Description

Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities issued by large-capitalization (“large cap”) companies, including common and preferred stocks and convertible securities. The Fund considers a company to be a large cap company if it has a market capitalization, at the time of purchase, generally over $5 billion. It is anticipated that the Fund normally will invest in companies with market capitalizations over $5 billion.
The Adviser utilizes an actively managed, “bottom up” strategy for the Fund that is designed to seek superior risk-adjusted performance. The Adviser focuses on three principles when selecting investments for the Fund. First, the Adviser analyzes a company’s “value” or earning power, which is the company’s ability to generate a profit for reinvestment in the company or distributions to shareholders. The Adviser uses return on investment as the best representation of earning power and invests in companies with rising or high returns on invested capital. Second, the Adviser uses proven valuation methods to identify attractively priced companies based primarily on elements of earning power. Finally, the Adviser manages risk in the portfolio through diversification and through assessing the material environmental, social, and governance (ESG) factors that may affect a company’s performance. The Fund typically invests in a portfolio of 35 to 55 companies. Stock selection is made by consensus of the Great Lakes Value Equity Team. From time to time, the Fund may focus its investments in securities of companies in the same economic sector, including the financial sector.
In addition to investing in equity securities issued by large cap companies, the Fund may invest in other investment companies, including exchange-traded funds (“ETFs”), to the extent permitted by the Investment Company Act of 1940, as amended (the “1940 Act”), in order to reduce cash balances and increase the Fund’s exposure to large cap companies. The Fund may also invest up to 20% of its total assets in securities denominated in foreign currencies or with non-U.S. headquartered companies that have American Depositary Receipts (“ADRs”) that trade on a United States exchange.
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GLLIX - Performance

Return Ranking - Trailing

Period GLLIX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.2% -63.4% 27.4% 90.39%
1 Yr -14.0% -63.2% 51.5% 83.33%
3 Yr -2.2%* -25.3% 59.3% 80.94%
5 Yr -2.8%* -17.6% 30.0% 80.35%
10 Yr 2.6%* -15.5% 15.2% 65.48%

* Annualized

Return Ranking - Calendar

Period GLLIX Return Category Return Low Category Return High Rank in Category (%)
2023 11.2% -44.2% 57.5% 71.38%
2022 -0.6% -13.5% 96.2% 59.15%
2021 6.8% -16.3% 28.3% 35.13%
2020 -6.5% -24.3% 4.0% 87.05%
2019 0.6% -3.5% 21.9% 83.09%

Total Return Ranking - Trailing

Period GLLIX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.2% -63.4% 27.4% 90.15%
1 Yr -14.0% -63.2% 61.5% 83.72%
3 Yr -2.2%* -25.3% 59.3% 81.46%
5 Yr -2.5%* -16.6% 33.1% 87.95%
10 Yr 5.8%* -3.1% 22.2% 65.96%

* Annualized

Total Return Ranking - Calendar

Period GLLIX Return Category Return Low Category Return High Rank in Category (%)
2023 11.2% -44.2% 57.5% 71.38%
2022 -0.6% -13.5% 96.2% 59.15%
2021 6.8% -16.3% 28.3% 35.40%
2020 -6.3% -24.3% 4.1% 89.67%
2019 3.4% -2.0% 21.9% 22.48%

NAV & Total Return History


GLLIX - Holdings

Concentration Analysis

GLLIX Category Low Category High GLLIX % Rank
Net Assets 41.9 M 390 K 151 B 89.40%
Number of Holdings 49 2 1727 78.42%
Net Assets in Top 10 14.3 M 2.1 K 32.3 B 85.87%
Weighting of Top 10 33.15% 5.0% 99.2% 29.83%

Top 10 Holdings

  1. Comcast Corp Class A 4.02%
  2. Comcast Corp Class A 3.97%
  3. Comcast Corp Class A 3.97%
  4. Comcast Corp Class A 3.97%
  5. Comcast Corp Class A 3.97%
  6. Comcast Corp Class A 3.97%
  7. Comcast Corp Class A 3.97%
  8. Comcast Corp Class A 3.97%
  9. Comcast Corp Class A 3.97%
  10. Comcast Corp Class A 3.97%

Asset Allocation

Weighting Return Low Return High GLLIX % Rank
Stocks
99.31% 28.02% 125.26% 33.28%
Cash
0.70% -88.20% 71.98% 64.29%
Preferred Stocks
0.00% 0.00% 19.30% 76.60%
Other
0.00% -3.07% 26.80% 74.92%
Convertible Bonds
0.00% 0.00% 4.88% 76.06%
Bonds
0.00% 0.00% 80.18% 75.91%

Stock Sector Breakdown

Weighting Return Low Return High GLLIX % Rank
Financial Services
23.66% 0.00% 58.05% 14.49%
Healthcare
16.85% 0.00% 35.91% 57.21%
Industrials
13.05% 0.00% 42.76% 29.75%
Technology
9.90% 0.00% 54.02% 56.52%
Consumer Cyclical
8.14% 0.00% 22.74% 23.49%
Communication Services
8.03% 0.00% 26.58% 19.30%
Consumer Defense
7.14% 0.00% 34.10% 68.27%
Energy
5.95% 0.00% 54.00% 70.48%
Utilities
4.27% 0.00% 27.04% 50.57%
Basic Materials
3.01% 0.00% 21.69% 60.56%
Real Estate
0.00% 0.00% 90.54% 95.80%

Stock Geographic Breakdown

Weighting Return Low Return High GLLIX % Rank
US
89.75% 24.51% 121.23% 69.07%
Non US
9.56% 0.00% 45.02% 20.06%

GLLIX - Expenses

Operational Fees

GLLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.01% 4.02% 47.10%
Management Fee 0.60% 0.00% 1.50% 56.88%
12b-1 Fee N/A 0.00% 1.00% 19.42%
Administrative Fee N/A 0.01% 0.50% 31.13%

Sales Fees

GLLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.95% 5.50% N/A

Trading Fees

GLLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GLLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 56.00% 0.00% 488.00% 70.50%

GLLIX - Distributions

Dividend Yield Analysis

GLLIX Category Low Category High GLLIX % Rank
Dividend Yield 1.16% 0.00% 43.17% 45.69%

Dividend Distribution Analysis

GLLIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

GLLIX Category Low Category High GLLIX % Rank
Net Income Ratio 1.05% -1.51% 4.28% 67.35%

Capital Gain Distribution Analysis

GLLIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

GLLIX - Fund Manager Analysis

Managers

Edward Calkins


Start Date

Tenure

Tenure Rank

Sep 28, 2012

9.68

9.7%

Mr. Calkins is a Portfolio Manager and Analyst at Great Lakes where he has played an instrumental role in the development of the firm’s distinct approach to equity management. In 1990, Ed was one of the founders of Great Lakes Advisors, Inc. He currently works closely on the value equity approach, assists in managing client relationships, and participates in business development. Ed is a member of both the Management Committee and Board. Ed worked in equity investment units at Continental Bank after graduating with an MBA with distinction from the J.L. Kellogg Graduate School of Management at Northwestern University and earning a BS with honors from Saint Louis University. He is a member of the CFA institute and its Chicago chapter.

Wells Frice


Start Date

Tenure

Tenure Rank

Sep 28, 2012

9.68

9.7%

Mr. Frice joined the Great Lakes Advisors in 1998 and is a Senior Equity Portfolio Manager focused on the large cap value portfolios. Prior to joining the Great Lakes Advisors, Mr. Frice was employed by First Chicago NBD and served as Senior Equity Analyst, Deputy Director of Equity Research, and an equity portfolio manager. Mr. Frice is a graduate of Lake Forest College and is a Chartered Financial Analyst. He is a member of the CFA Institute and The Investment Analysts Society of Chicago.

Benjamin Kim


Start Date

Tenure

Tenure Rank

Apr 30, 2020

2.08

2.1%

Mr. Kim joined as Senior Research Analyst in April, 2011. As a Senior Research Analyst for the Small Cap Portfolio, Mr. Kim was/is responsible for equity investments in the Industrial, Technology, and Materials sectors. Prior to joining Great Lakes Advisors, Mr. Kim was an Investment Analyst at Harris Associates from 2007 to 2009 and a Securities Analyst for Skyline Asset Management from 1998 to 2007. Mr. Kim holds a BS in Accounting from Indiana University and an MBA with a concentration in Finance and Economics from the University of Chicago. He is a CFA charter holder and a Certified Public Accountant.

Raymond Wicklander


Start Date

Tenure

Tenure Rank

Apr 30, 2020

2.08

2.1%

Mr. Wicklander joined the Great Lakes Advisors in December, 2019. Ray is a Portfolio Manager and Analyst on the GLA Fundamental Equity team where he serves as Portfolio Manager on the Great Lakes Advisors ’s Large Cap Value and Global and International Equity Strategies. Ray previously spent 12 years at Nuveen Investments, as a Managing Director, Portfolio Manager of the Global Select strategies, and co-Manager of the Large Cap and All Cap Value strategies, and Analyst at NWQ Investment Management. Previously Ray was at Nuveen subsidiary Tradewinds Global Investors, as Managing Director, Portfolio Manager, Analyst, and with additional leadership roles as Deputy Director of Research and a member of the firm’s Investment Committee. Early in his career Ray was in Long/Short equities at Pembroke Capital Management in London, and he began his career at Northern Trust Asset Management in Chicago. Ray holds a BBA from the University of Notre Dame and an MSc from the London School of Economics. He also holds both the CPA and CFA designations.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 86.59 7.9 16.42